Population trends have been volatile. The population peaked at 1,357 in 2019 but has since declined sharply to 820 in 2022. This significant population decrease (-39.6% from 2019 to 2022) coincides with the recent plateau and slight decline in median income.

Great Bend's changes are minimal in comparison to national trends showing increasing diversity in many areas. The slow pace of diversification suggests that the area may be less affected by broader demographic shifts seen in more urban or rapidly growing regions. The recent population decline is particularly notable and may reflect broader trends of rural depopulation or economic challenges in smaller communities.

Based on the observed trends, Great Bend is likely to remain categorized as Low Diversity in the near future, but may be in the early stages of a very gradual transition. If current trends continue, the community may slowly move towards Moderate Diversity over the next decade or two, with increasing representation from Asian, Hispanic, and multiracial populations. The recent population decline is a concern and may continue if not addressed, potentially impacting local economy and services. Median income growth may slow or stagnate if population decline continues, as it could indicate broader economic challenges in the area.

While Great Bend shows early signs of increased diversity, the pace of change is slow. The more pressing issue appears to be the recent population decline, which could have significant implications for the community's economic future and demographic composition. Local policymakers may need to focus on strategies to retain and attract residents to maintain community vitality and potentially accelerate positive demographic and economic trends.